NYSEARCA:UCO

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$36.64
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At Close: Jun 18, 2026
U.S. President Trump warns of devastating response if Tehran persists in targeting the region's oil and gas production.
Crude surges again as the conflict in the Middle East escalates, with several natural gas facilities in Qatar facing missile strikes.
Escalating conflict in the Middle East sent global markets sharply lower on Thursday after Iran launched attacks on energy infrastructure across the region, pushing oil and gas prices to multi-year hi
Middle East tensions push oil toward $150 as supply risks flare. WTI holds near $98 while Brent targets $119.
Oil prices surge as Middle East tensions and attacks on key energy infrastructure raise supply concerns, while strong technical breakouts and geopolitical risks keep the market biased toward further u
Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on ​its South Pars gas field, a major escalation in Tehran's war wit
Oil futures rose in early trade amid the widening Middle East conflict that could lead to supply disruptions.
The discount for U.S. crude futures versus Brent on Wednesday hit ​the widest in 11 years, as attacks on Middle Eastern oil infrastructure drove the global benchmark higher while rising supply ‌in
Returning to business as usual in the global oil market might now take months — not weeks — to achieve, according to TS Lombard.
DXY holds firm as Fed signals higher-for-longer rates, with rising yields and hot PPI reinforcing dollar strength while equities struggle under pressure.
Saudi Aramco and other producers in the region evacuated staff amid Iranian strikes.
The US central bank has raised its forecast for inflation as the Iran war-linked surge in global energy prices threatens self-inflicted damage on the world's largest economy.

What The Iran Conflict Means For Oil Markets

02:40pm, Wednesday, 18'th Mar 2026
Global energy markets react quickly to geopolitical risk, and the current conflict involving Iran is a reminder of just how interconnected energy supply and global stability really are.
US stock market falls as S&P 500 drops on hot PPI data and rising oil prices, while traders await Fed decision and Powell's outlook on inflation and rates.
Vice President JD Vance and Energy Secretary Chris Wright will meet Thursday with the oil industry. The White House will announce more actions to address fuel prices, Vance said.
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